Item 7.01. Regulation FD Disclosure.

On January 20, 2021, Redwood Trust, Inc. (the "Company") issued a press release providing a Company update and announcing the date of the Company's fourth quarter 2020 financial results webcast and conference call. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K.

The information contained in this Item 7.01 and the attached Exhibit 99.1 is furnished to and not filed with the Securities and Exchange Commission, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such filing.

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